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Summerland Motel & Apartments 6203 Willow Av 31 Room Hotel Summerland, BC V0H 1Z4 $6,411,542 USD ($206,824 USD/Room)
EXECUTIVE SUMMARY
Being offered is this unique investment opportunity with two diversified income streams.
This offer consists of the Summerland Motel which has 31 motel units and the SunOka Apartments which has 25 rental suites.
These two properties are adjacent to each other and are on separate titles. Each property has its own access, there is a gate between the properties for emergency access.
In 2021 the current owners redeveloped an existing motel into a motel and an apartment complex, the result is two independent businesses, owned by one company. If you are looking for an Okanagan opportunity with exceptional cash flow, this is well worth adding to your list!
GBA IS APPROX. CONFIRM IF IMPORTANT
This offer consists of the Summerland Motel which has 31 motel units and the SunOka Apartments which has 25 rental suites.
These two properties are adjacent to each other and are on separate titles. Each property has its own access, there is a gate between the properties for emergency access.
In 2021 the current owners redeveloped an existing motel into a motel and an apartment complex, the result is two independent businesses, owned by one company. If you are looking for an Okanagan opportunity with exceptional cash flow, this is well worth adding to your list!
GBA IS APPROX. CONFIRM IF IMPORTANT
PROPERTY FACTS
AMENITIES
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 9 | $158.32 USD | - |
| Guest Room | 22 | $117.49 USD | - |
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Summerland Motel & Apartments | 6203 Willow Av
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